Rule 168 - Prescribed person for verification of return for purposes of section 265 [Table: Sl. Nos. 3 and 9]

Verification of return: insolvency appointees authorised to verify tax returns when performing insolvency functions.

Verification of tax returns under section 265 identifies the prescribed person as the individual appointed by the Adjudicating Authority to discharge the duties of an interim resolution professional, a resolution professional, or a liquidator under insolvency proceedings, with 'Adjudicating Authority' adopting the definition from the Insolvency Code.